FollowTheIncentives

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FollowTheIncentives

FollowTheIncentives

@FollowIncentiv

It’s not left vs right It’s incentives Money | markets | real estate | Tesla | Memes

United States Beigetreten Ağustos 2011
208 Folgt159 Follower
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@60Minutes If there is a large demand then they need to stop complaining and start paying more. There are a lot of jobs (listed a few below) that are safer, more comfortable, and probably closer to where you live. It is supply and demand Not demand and complain
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Yuta
Yuta@rlevi·
While attending the University of Pennsylvania, Elon Musk rented a 10-bedroom house and converted it into a nightclub, charging students a $5 entry fee.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
Is this publicly funded, privately funded, or a mix? If private donations are involved, that materially changes the argument. Also—separate issue: The U.S. hosts world leaders constantly. Is it unreasonable to have a permanent, secure, purpose-built space instead of temporary setups? Fair to debate cost. But also fair to ask what the alternative standard should be. Clarity matters more than outrage. #Politics #GovernmentSpending #Taxpayer #PublicPolicy
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The Washington Post
The Washington Post@washingtonpost·
Speaking to reporters aboard Air Force One, President Trump showed off a rendering of his planned $400 million White House ballroom. The planned addition is facing a key vote this week. A federal judge may also rule to halt the project. wapo.st/3NLEWPR
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
Missing context: They earned it and at higher income levels face combined tax rates that can exceed 50% when you include federal, state, and city taxes. People taking risks, working insane hours. Many fail. Then others who didn’t take that risk want the benefits. This is a free country. You can go build your own. #Taxes #NYC #WorkEthic #Economics
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
I think the ages depend on men and women. For women, generally earlier tends to be better biologically. For men, many focus on building a foundation first, often closer to 30. That said, I do think there was value when people married earlier and built a life together. #Family #Parenting #LifeChoices #Marriage #Discussion
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Kalshi
Kalshi@Kalshi·
JUST IN: SpaceX reportedly considers cutting Robinhood and SoFi out of IPO plans
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
The top 1% pay ~45% of federal income taxes. The bottom 50% pay ~2–3% (Source: IRS) Why are we so focused on the wealthy? When nearly half the country contributes little to federal income taxes, yet the conversation is always about spending more. At some point, we have to talk about: who pays vs who benefits #Taxes #Economics #FiscalPolicy #Wealth #Data
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The Tennessee Holler
The Tennessee Holler@TheTNHoller·
BERNIE: “The top 1% owns more wealth than the bottom 93%.”🇺🇸 GUY IN AUDIENCE: “WHAT?!”😬 BERNIE: “1 person, Mr. Musk, owns more wealth than the bottom 53%… Trump’s ‘Big Beautiful Bill’ made 938 Billionaires $1.5 TRILLION richer.” (This is who @MarshaBlackburn fights for)
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
$6K/mo sounds safe, but math says otherwise. After tax: $1M → ~$650K invested (Option 1) $6K/mo → ~$4K invested (Option 2) At ~7%: 10 yrs Option 1 ($1M): ~$1.28M Option 2 ($6K/mo): ~$700K 20 yrs Option 1 ($1M): ~$2.5M Option 2 ($6K/mo): ~$2.1M 30 yrs Option 1 ($1M): ~$4.9M Option 2 ($6K/mo): ~$4.9M Monthly barely catches up after ~30 years. I’m taking Option 1 every time. (Not financial advice) #Investing #PersonalFinance #Compounding
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theficouple
theficouple@theficouple·
If someone offered you $1 million of cash or $6,000/mo for life? Take the $6,000/mo for life every time. Absolute no brainer.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
According to @PramilaJayapal, more money can solve these problems. Let’s look at her home state: Washington (last 10 years): 10B+ spent on homelessness (state + local) 18K → 28K homeless (+50%+) Spending up. Homelessness up. This isn’t just a funding issue. It’s an outcomes issue. Sources: HUD PIT Count, WA Dept. of Commerce, King County reports #Homelessness #PublicPolicy #Data
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Pramila Jayapal
Pramila Jayapal@PramilaJayapal·
Let me break this down simply: We have a greed problem. We can afford Medicare for All. We can afford to house every person sleeping on the street. We can afford to make public college tuition free and guarantee access to universal pre-k to every child in America. The money exists. It's just sitting in the bank accounts of billionaires who write blank checks to corrupt politicians to make sure it stays there. Tax the rich. Fund the people. That's it.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@oguzerkan The U.S. is ~50% of global markets $50–55T out of ~$100–110T So when the U.S. sneezes The world moves
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Oguz Erkan
Oguz Erkan@oguzerkan·
7/ He thinks the US market has become too overvalued and overweighted compared to the world markets. The US market now makes up 70% of the world index and magnificent 7 stocks make up 39% of the US market. Marks says this is unsustainable and it'll have two potential outcomes:
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Oguz Erkan
Oguz Erkan@oguzerkan·
This man sees the future. He predicted: 1) Dot-com Bubble (2000) 2) Great Recession (2008) 3) The COVID Bubble (2021) Here is Howard Marks' latest warning: 🧵
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MC Squared
MC Squared@mcsquared34·
Abolish the cap. Tax rich people. Problem solved. This really isn’t that complicated.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@4TaxFairness Let me free up some budget for you. About 1 in 4 SNAP dollars goes to soda, snacks, and desserts. If you need help, no issue providing the essentials. But why are we funding junk food? Source: USDA purchase data (Nielsen analysis)
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Americans For Tax Fairness
Last year, the people in charge cut SNAP food assistance and gave that money to billionaires as tax breaks instead. New estimates show that those cuts are likely to lead to 70,000 avoidable deaths. 70,000 people might die—but don't worry, billionaires got their tax breaks.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
Logically, agreed. A 401k with a match is standard and relatively easy to do if your job offers it. But it’s money you won’t touch for decades. The reality is, money in your younger years isn’t the same as money later in life. I’ve seen it with my parents. They did well saving, but they’re not as active now. People assume they’ll fully enjoy that money later. That’s not always how it plays out.
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theficouple
theficouple@theficouple·
Every millionaire goes through this season of life: "Sorry I can't go out tonight, I dont have the money" Checking: $1,500 Savings: $7,000 Stocks: $380,000
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@Pontifex Gospel of Luke 22:36 “he that hath no sword, let him sell his garment, and buy one.” Jesus Christ
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Pope Leo XIV
Pope Leo XIV@Pontifex·
This is our God: Jesus, King of Peace, who rejects war, whom no one can use to justify war. He does not listen to the prayers of those who wage war, but rejects them, saying: “Even though you make many prayers, I will not listen: your hands are full of blood” (Is 1:15).
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Pope Leo XIV
Pope Leo XIV@Pontifex·
We turn our gaze to Jesus, who reveals himself as King of Peace, even as war looms abounds him. He remains steadfast in meekness, while others are stirring up violence. He offers himself to embrace humanity, even as others raise swords and clubs. #GospelOfToday
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Michael G
Michael G@MIner_front_row·
@FIDDLEBACK88 @FollowIncentiv @FurkanGozukara The guy who said turn the other cheek? There are exponentially more example of Jesus preaching peace and love over violence. You happened to choose the only example of his aggression.
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Furkan Gözükara
Furkan Gözükara@FurkanGozukara·
Absolute bombshell. Pope Leo directly rebukes Pete Hegseth for trying to frame the Iran war as a Christian holy crusade. The Pope declares God will not listen to their prayers because their hands are full of blood. A devastating moral condemnation of the Pentagon.
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Used Czar Salesman
Used Czar Salesman@UsedCzarSales·
@FollowIncentiv @FIDDLEBACK88 @FurkanGozukara Only time will tell... If this is over in the next month, it'll end up being a great move for the entire world. If it comes to significant boots on the ground, and an all out war, it'll be the death knell for his entire term.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@mmpadellan “Least educated” based on degrees? Formal education doesn’t always equal intelligence.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@TopherSpiro Great, another thing for the government to get involved in. They’ve done such a great job lowering the cost of housing, retirement, and college… Let’s add childcare to the list.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@LeadingReport Median home: $425K You need $110K to afford it Only 17% of Americans make that In 1990, 25% could afford the median home That gap represents 20 million fewer Americans On paper, similar In reality, much harder today
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Leading Report
Leading Report@LeadingReport·
Gen Z and millennials are burnt out because older generations had much easier lives while working far less hard, per FORTUNE.
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FollowTheIncentives
FollowTheIncentives@FollowIncentiv·
@theficouple Over $4k/month is impressive. How are you generating enough income to cover expenses and still invest that much? Also, are you including 401k contributions and match? I contribute but don’t usually count it. I see it as standard, especially with a 6% contribution + 6% match.
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